Sertrading SA, the Brazilian trading company that’s partners with former Vale SA Chief Executive Officer Roger Agnelli, is shifting its focus to food exports from industrial imports as the real weakens and demand from emerging markets booms.
Vale SA , the world´s largest iron- ore producer, said its controlling shareholders are seeking to replace Chief Executive Officer Roger Agnelli after he was criticized for not spending enough on some Brazilian projects.
After Murilo Ferreira helped Vale SA win a takeover battle for Canadian miner Inco Ltd. in 2006, his boss, Chief Executive Officer Roger Agnelli , promoted him to head the unit and build a global nickel business from Toronto.
Vale SA , the Brazilian miner that announced the ouster of its chief executive amid government criticism, agreed to buy a stake in a hydro-power project in the Amazon and invest about 2.3 billion reais ($1.5 billion).
B&A Mineracao SA, the mining venture between billionaire Andre Esteves and former Vale SA Chief Executive Officer Roger Agnelli, is investing in fertilizers on a bet corn and soybeans will outperform minerals.
Vale SA , the world’s second-largest miner, named the former head of its nickel unit, Murilo Pinto de Oliveira Ferreira , as chief executive officer after Brazil’s government criticized management over the past two years.
Vale SA , the world’s biggest iron- ore producer, said India may play a bigger role in ensuring a “tight” future market for the steelmaking ingredient as it boosts infrastructure spending and becomes more urbanized.